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|Contents||||
|---|---|---|---|
||||Page|
|Reference and administrative||details||
|Trustees'
Report|||2-5|
|Independent
Auditors'|Report||6-8|
|Statement of Financial|Activities|||
|Balance Sheet||||
||||10|
|Notes to the Financial|Statements||11-'l6|
|||REFERENCE AND ADMINISTRATIVE|REFERENCE AND ADMINISTRATIVE|DETAILS|||
|---|---|---|---|---|---|---|
|Charity number||220792|||||
|Trustees:||D P Corah|||||
|||R Bowder|||||
|||J Pears|||||
|Principal office:||20 Welby Road|||||
|||Asfordby
Hill|||||
|||Melton Mowbray|||||
|||Leicestershire|||||
|||LE143RB|||||
|Auditors:||The Rowleys|Partnership||Ltd||
|||Charnwood|House||||
|||Harcourt Way|||||
|||Meridian Business Park|||||
|||Leicester|||||
|||LE191WP|||||
|Bankers:||Lloyds Bank|Pic||||
|||7 High Street|||||
|||Leicester|||||
|||LE1 4FP|||||
|Investment|managers:|Cazenove
Capital Management||||Limited|
|||12Moorgate|||||
|||London|||||
|||EC2R 6DA|||||
|Solicitors:||Freeths LLP|||||
|||Cumberland|Court||||
|||60 Mount Street|||||
|||Nottingham|||||
|||NG1 6HH|||||
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||||||||Notes|2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||E|8|
|Fixed assets:||||||||||
|Investments
Cash held|by investment|||manager|for|re-investment||5,733,840
396,699|6,292,119
134,350|
|Current assets:||||||||6,130,539|6,426,469|
|Debtors
Cash at bank and||in|hand||||9
10|12,094
73,638|15,369
69,264|
|||||||||85,732|84,633|
|Creditors:|amounts||falling due within|||one||||
|year||||||||31,764|33,062|
|Net current|assets:|||||||53,968|51,571|
|Net assets:||||||||6,184,507|6,478,040|
|Charity funds:||||||||||
|Unrestricted|funds:|||||||||
|Designated
capital
General funds||account|||||12
13|6,063,920
120,587|6,316,913
161,127|
|||||||||6,184,507|6,478,040|
|Approv
by|eTrustees on 2.$ D||||r
r i|2023.||||
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||||||2023|2022|
|---|---|---|---|---|---|---|
||||||K|f|
|Trustee Indemnity|Liability Insurance||||260|252|
|Brokers Investment|Management||Fees||28,183|29,256|
|Administration
fees attributable|||to capital||4,000|4,000|
||||||32.443|33.508|
|6.Charitable
expenditure:|||||2023
E|2022
f|
|Appeal grants|||||99,450|64,788|
|Annual
list grants|||||28,200|28,200|
|Governance
costs|(note|7)|||15,200|13,840|
||||||142,850|106,828|
|All grants were institutional
grants.||No individual||grants were made during the year in||accordance
with|
|he Trustees grant making
policy.|||||||
|7.Governance costs:|||||2023|2022|
|||||||6|
|Trustees fees &expenses|||||6,600|6,600|
|Auditors
remuneratioh|||||3,600|3,240|
|Administration
expenses|||||5,000|4,000|
||||||15,200|13.840|
|The fees payable
in respect|ofeach trustee were|||as follows:-|2023|2022|
||||||E||
|DP Corah Esq.|||||2,200|2,200|
|R Bowder Esq.|||||2,200|2,200|
|JJ Pears Esq.|||||2,200|2,200|
||||||6.60D|6.6DD|
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||||||2023|2022||
|---|---|---|---|---|---|---|---|
||||||8|||
||Accountancy|&financial
administration|||5,000|4,0170||
|8.Listed|investments:|||||||
||||2023|||2022,||
|||UK|Foreign|Total|UK|Foreign|Total|
||||E|||||
|Equities
Bonds
Other Funds||960,034
227,660
1,146,581
2,334,275|2,894,711
504,854
3,399,565|3,854,745
732,514
1,146,581
5,733,840|1,173,011
87,287
981,295
2,241,593|E
3,638,244
412,282
4,811,255
499,569
981,295
4,050,526
6,292,119||
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|b) Net change
in Market Value:|2023|2022|
|---|---|---|
|Market Value at 31 March 2022
Purchases
at cost
Disposal proceeds
Realised gain/(loss)
on investments
Unrealised
gain/(loss)
on investments|6,292,119
1,398,825
(1,736,554)
(60,420)
~160.130|6
6,046,121
621,087
(676,409)
4,315
297.005|
||5733,540|6292.119|
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|9.Debtors|||2023||2022|
|---|---|---|---|---|---|
||||E||f|
|Accrued income|||12,094||15,369|
|10.Cash at bank and|in hand:||2023||2022|
||||||5|
|Lloyds TSBPic|||33,463||31,747|
|Cazenove (income account)|||40,175||37577|
||||73,638||69,264|
|11.Creditors (amounts||due within one year):|2023
f||2022|
|Accruals|||31,764||33,062|
|12.Designated
capital|account:||2023||2022|
|Balance brought forward|||6,316,913||6,049,101|
|Realised
profit (loss)|||(60,420)||4,315|
|Unrealised
profit/(loss)
Raising funds|||(160,130)
~33.443||297,005
(33,508)|
|Balance carried forward|||6,063,920||6,316,913|
|These funds are held by||the Trustees for the purposes|ofthe foundation|as defined|by the principal
object|
|on page 2 ofthese accounts.||||||
|13.General funds:|||2023||2022|
|Accumulated
reserves
Net incoming/outgoing|bought forward
resources for the year||161,127
~40,540||156,662
4,465|
|Accumulated
reserves|carried forward||120,587||161,127|
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||Total|Designated|General|
|---|---|---|---|
|||ca ital a/c|fund|
|Listed investments|5,733,840|5,733,840||
|Cash held by investment|396,700|330,081|66,619|
|Net current assets|53,968||53,968|
||6,184508|6,063,921|120,587|
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